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Ramratan

Kushwaha

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 182 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Ramratan

Kushwaha

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Ramratan needs credit to purchase a buffalo and quality fodder for his farm.

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 182 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

29,031.34 is
the current outstanding balance

100 0 0 20969 0 0

100%

0%

0%


Ramratan Kushwaha is an experienced dairy farmer from Tikamgarh. He has been in the animal husbandry business for over five years and this is the major income source for his family of six. He wishes to expand his farm by purchasing more animals and enhancing his income. This loan will aid him in purchasing a new buffalo so that he can breed it and increase the production of milk. The additional income earned by selling milk also will support him greatly. Invest in this dairy farmer to expand his animal husbandry business!

I wish to start a big dairy unit.

About Ramratan Kushwaha 's livelihood

Ramratan is an agripreneur who works 4 hours a day for 7 days a week. With this loan Ramratan will potentially obtain employment for 182 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Animal husbandry

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Indian Micro Enterprises Development Foundation
   view website

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0